The American Institute of CPAs hopes to smooth the administration's transition away from paper tax refunds at the Internal ...

Clear Start Tax clarifies why some states still require Form 1095-A, even though the federal health coverage penalty was ...

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Each year, millions of U.S. taxpayers submit corrections to their federal tax returns through the Form 1040-X, often to amend ...

Congress passed the tax cut and spending megabill with President Trump's legislative priorities which includes new tax ...

As reported by Kiplinger, the layoffs at the IRS impacted nearly every division. By the end of the 2025 tax season, more than 25% of the agency’s workforce had been cut down via layoffs, buyouts, or ...

Working parents often face extra expenses, such as summer day camp for their children. Many people don't know they might qualify for tax credits.

New tax breaks on tip income and overtime pay will go into effect in 2025, part of the megabill that President Trump signed ...

If your income was $84,000 or less in 2024, you may be able to file your taxes through IRS Free File, a program in which online tax prep companies partner with the IRS to provide free services.

The bill extends portions of the Tax Cuts and Jobs Act, provides deductions to eliminate income taxes on certain tips and ...

The proposal, which Congress passed as part of the president’s tax-and-spending megabill, won’t eliminate taxes on tips ...

Falling behind on your debt to Uncle Sam can be stressful — but you’re far from alone. According to the latest IRS data, ...